In the historic case “US VS Roman Storm”, the founder of Tornado Cash was found guilty of conspiracy to manage a company of monetary transmission without license and innocent of others.
The maximum sanction for this accusation is 5 years in prison, a fine of $ 250,000, twice the amount of criminal derivatives involved, the largest.
No verdict on money laundering and accusations of sanctions
This case was a historic battle for the rights to privacy and the decentralized nature of the crypto. Roman Storm argued that he was not responsible for use by other players in his software.
The jury has not unanimously reached chief 1, a conspiracy to commit money laundering, or chief 3, conspiracy to violate American sanctions against North Korea.
These two accusations brought a heavier legal and geopolitical weight. Their result remains undecided. The accusation has not yet confirmed if it will request a new trial on these charges.
Since the beginning of last month, the Novel Storm trial, founder of Tornado Cash, has been strongly followed by the cryptography industry.
The procedure has left a bad taste in the mouth of the community, with threats of additional accusations against Storm witnesses.
The government wants to return the founder of Tornado Cash to prison
Immediately after the verdict, the prosecutors moved to revoke the storm of Storm and send him back to prison. He argued that Storm was a risk of theft due to his Russian history, his financial resources and his previous communications on immigration gaps.
Deputy prosecutor Arad told court that Storm had access to at least $ 10 million in cryptographic assets and advised other people on the search for asylum.
“We are moving for his pre -trial detention in prison. There is a presumption and he cannot respond to his burden. He advised people to know how to deceive the immigration system,” said Ausa Arad.
Meanwhile, the Storm lawyer replied that he had been in accordance with all the deposit conditions. His passport was returned and his house is attached in the link.
She underlined the family ties of Storm in the United States, including the joint custody of her 5-year-old daughter, and noted that he had voluntarily engaged with federal investigators before his arrest in 2023.
In addition, the defense stressed that the storm demanded the permission of the court to access the crypto – only to pay taxes.
“He has a sister in Sacramento, who has three children and was here in court last week. His parents have green cards, in the United States as well as in Russia. Immigration statements concern other Russians panicked because of Ukraine,” said Storm lawyer.
The judge refuses detention, cites a low risk of theft
Judge Katherine Polk Failla rejected the request of the accusation to hold the storm.
She said that Storm faces a maximum sentence of five years alone on the chief of conviction alone. She stressed that he had strong incentives to stay and appeal.
“He can appeal, he has any incitement to stay and fight. It is not a risk of theft, given the size of the deposit. There are many battles in this case before the conviction, and I think that Mr. Storm will remain for that,” said the judge.
In short, this trial is a test of what type of decentralized protocols that the American legal system will tolerate. This mixed result is somewhat positive for the community.
Storm was found innocent of serious crimes such as escape from sanctions and money laundering.
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